So you have heard all about credit reports and scores and want to build your own but you don’t know where to start. Start with getting your free annual credit report. You are entitled to a free credit report once a year. Just head on over to the website annualcreditreport.com to get yours online. If you opt to get it online, be sure to save it for future reference. You may also have it sent to you by mail, that way you have a hard copy.
Then study your report. Look closely to ensure that there aren’t any errors. Pay close attention to numbers since this is most susceptible to inaccuracies. Should you find unusual information, take all necessary steps to correct this.
The free annual credit report does not come with a credit score. Scores can be purchased as an added service but it’s not mandatory. Looking at your report alone should give you an idea on whether you have a good or bad credit score. The last step is to do your best to improve your score. There are many ways you can improve it including paying on time, making advance payments and keeping accounts active.